DBS Bank, the Singapore Manufacturing Federation (SMF), Ernst & Young LLP (EY), and Nanyang Polytechnic (NYP) have introduced Singapore’s first decarbonisation playbook aimed at the manufacturing sector. Titled “Decarbonisation Playbook: A Practical Guide for Manufacturers to a Low-Carbon Future,” this initiative is supported by Enterprise Singapore and SkillsFuture Singapore.
The playbook is intended to assist over 5,000 manufacturers in Singapore as well as 1,600 learners from NYP’s education programs in addressing climate challenges. It aims to equip businesses and future professionals with the necessary tools to undertake effective climate action.
Singapore’s manufacturing sector is a significant contributor to carbon emissions, posing challenges for companies adopting sustainable practices. A survey of over 70 manufacturers revealed that 80% are at early stages of their sustainability journey, with 65% lacking clear visibility on their carbon emissions. This highlights the need for targeted support.
In response, DBS and SMF collaborated with EY and NYP to develop this playbook based on industry feedback and expertise. “Meaningful decarbonisation starts with practical, real-world support – shaped by close industry engagement,” stated Chen Ze Ling from DBS.
The playbook employs a “DECARB” framework—a step-by-step model designed to help companies identify emission sources, evaluate opportunities, create business cases, implement solutions, refine skills, and establish long-term decarbonisation plans. Clara Kwan of SMF emphasized its role in aiding manufacturers facing resource limitations and regulatory pressures.
Praveen Tekchandani from EY highlighted the unique approach of combining insights from manufacturing players with ecosystem experts familiar with decarbonisation strategies.
NYP plans to integrate the playbook into both pre-employment training (PET) and continuing education curricula. Dr Graham Ng from NYP noted that integrating these practices across programs creates a ripple effect in preparing learners for sustainability challenges.
As part of its launch strategy, workshops will be conducted by DBS, SMF, EY, and NYP to provide guidance on implementing the playbook’s strategies effectively. The initiative aligns with broader efforts such as DBS’ ESG Ready Programme and SMF’s Chief Sustainability Officer-as-a-Service.
For further details on the playbook’s offerings or implementation guidance sessions planned throughout its rollout phase can be accessed online via respective organizational websites or through direct inquiry channels provided therein.
